Analysis: China eyes private funds to tackle bad-debt buildup, avoid bailout
SHANGHAI/BEIJING (Reuters) – Faced with a chorus of warnings that China risks choking on bad debts, Beijing is pushing banks to raise private capital in an effort to head off the need for a second government bailout in as many decades.
Inflation adds to headaches for Indian central bank chief’s first meeting
NEW DELHI (Reuters) – When he holds only his first policy review this week, India’s new central bank chief has to confront what may well prove to be the biggest challenge of his time in office.
This time, Japan keen to learn from Fed’s policy exit
TOKYO (Reuters) – As markets tune into how the Federal Reserve is going to rein in its massive stimulus program, so is the Bank of Japan.
Portugal’s next bailout review could drop the compliments
LISBON (Reuters) – Portugal’s leaders have generally done what their international lenders have advised, setting a pattern of government compliance and official praise. This week’s bailout inspection could be different.
Zurich campaign seeks to restore insurer to normality
ZURICH (Reuters) – By rolling out television, print and billboard marketing campaigns on Monday, Zurich Insurance is aiming to advertise business as usual after a suicide and resignation in the Swiss insurer’s top ranks.
Exclusive: Saudi prince to hold Twitter stake, sees IPO by early 2014
DUBAI (Reuters) – Saudi billionaire Prince Alwaleed bin Talal says he will not sell any of his shares in microblogging site Twitter Inc when it goes public, and expects the firm’s IPO to hit the market later this year or in early 2014.
Wall St Week Ahead: Fed may taper without causing market tantrum
NEW YORK (Reuters) – Months of anticipation will come to an end this week when the Federal Reserve finally says whether it will start to rein in its massive stimulus of the economy, which has flooded financial markets with some $2.75 trillion over the …
Lufthansa boss in line for Roche chairman job: paper
ZURICH (Reuters) – Christoph Franz, chief executive of Deutsche Lufthansa , is leaving Europe’s biggest airline, German newspaper Die Welt reported on Sunday.
Islamic pensions make inroads among asset managers
SYDNEY/KUALA LUMPUR (Reuters) – Islamic pensions are making inroads in several majority-Muslim countries, and their success may help the growth of asset management industries across much of Asia and the Middle East.
Versace says vetting offers for stake: report
MILAN (Reuters) – Versace is vetting offers from investors interested in buying a minority stake in the Italian fashion house to support its growth plans, designer Donatella Versace said in an interview published on Sunday.
